Airline sets ‘informal deadline’ of early July to finalise deal after slump in travel during coronavirus pandemicVirgin Atlantic is attempting to secure a privately funded rescue deal worth up to £900m by the end of this week as it fights to survive after the slump in international travel during the coronavirus pandemic.The airline is in talks with hedge fun […]
Corporate Britain is under pressure to be seen to engage with social justice enough to push through real changeThree years ago, Pepsi’s response to the Black Lives Matter movement was an ad in which white reality-TV millionaire Kendall Jenner dressed up as a protester and offers a can of cola to a police officer.As glaringly crass as that seemed at the time […]
As UK firms opt to remain remote, the future of flagship office projects in the City and beyond could be under threatAs England prepares to return to pubs, restaurants and cinemas next week, vast numbers of offices around the country will remain empty. And some companies are happy for it to stay that way – which poses a serious problem for multimillion pound […]
Coronavirus guidelines to include staggering of films and alcohol curbs from 4 JulyCoronavirus – latest updatesSee all our coronavirus coverageSingalong screenings and pick ’n’ mix stands have been banished from multiplexes in new coronavirus safety measures allowing cinemas to reopen safely next month.The new 1-metre physical distancing rule means cinemas w […]
‘Substantial increase’ in wind and solar power helped to generate 47% of Britain’s electricityRenewable energy made up almost half of Britain’s electricity generation in the first three months of the year, with a surge in wind power helping to set a new record for clean energy. The government’s official data has revealed that renewable energy made up 47% of […]
Report identifies gap between market optimism and depressed state of economiesThe global stock market rally represents a gamble by investors that central banks will ignore the risks of a buildup in debt and continue to provide support at the current record levels, the International Monetary Fund has warned.In an update to its half-yearly global financial sta […]
Decoupling state pension from wages in 2021 ‘would help stretched public finances’Coronavirus – latest updatesSee all our coronavirus coverageThe “triple lock” on pensions should be temporarily reduced to a double lock in order to prevent a one-off surge in earnings putting extra pressure on already stretched public finances, the head of an influential commi […]
Request came after Grant Shapps’ ‘army of journey makers’ in purple tabards failed to materialiseCoronavirus – latest updatesSee all our coronavirus coverageUK transport ministers asked train companies to dress staff in the purple tabards meant for “journey makers”, after the promised “army” of volunteers to remind travellers to wear a face covering failed t […]
Foreaders 